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NASDAQ: NDSN
Nordson Corp Stock Forecast, Predictions & Price Target

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Analyst price target for NDSN

Based on 4 analysts offering 12 month price targets for Nordson Corp.
Min Forecast
$250.00+7.03%
Avg Forecast
$265.25+13.55%
Max Forecast
$271.00+16.02%

Should I buy or sell NDSN stock?

Based on 4 analysts offering ratings for Nordson Corp.
Strong Buy
Strong Buy
2 analysts 50%
Buy
1 analysts 25%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NDSN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 12%
89
Strong BuyMaintains$270.00+15.59%2022-10-24
Baird
Top 22%
79
BuyMaintains$271.00+16.02%2022-08-24
DA Davidson
Top 13%
88
Strong BuyMaintains$270.00+15.59%2022-08-23Find out why
Anonymous
Morgan Stanley
HoldMaintains$250.00+7.03%2022-06-09
Loop Capital
Top 21%
80
HoldInitiates Coverage On$250.00+7.03%2022-03-30

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Forecast return on equity

Is NDSN forecast to generate an efficient return?
Company
28.44%
Industry
32.16%
Market
50.89%
NDSN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NDSN forecast to generate an efficient return on assets?
Company
16.35%
Industry
10.78%
NDSN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NDSN earnings per share forecast

What is NDSN's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$9.93+19.06%
Avg 2 year Forecast
$10.93+31.06%
NDSN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NDSN revenue forecast

What is NDSN's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.7B+6.24%
Avg 2 year Forecast
$2.8B+13.02%
NDSN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NDSN earnings growth forecast

How is NDSN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
14.48%
Industry
10.46%
Market
20.19%
NDSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NDSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NDSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NDSN revenue growth forecast

How is NDSN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
6.31%
Industry
3.49%
Market
6.43%
NDSN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NDSN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NDSN vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
NDSN$233.59$265.25+13.55%Strong Buy
GGG$67.43$69.00+2.33%Buy
HWM$37.87$39.83+5.18%Strong Buy
IEX$233.78$223.11-4.56%Buy
LII$256.02$248.50-2.94%Hold

Nordson Stock Forecast FAQ

Is Nordson Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: NDSN) stock is to Strong Buy NDSN stock.

Out of 4 analysts, 2 (50%) are recommending NDSN as a Strong Buy, 1 (25%) are recommending NDSN as a Buy, 1 (25%) are recommending NDSN as a Hold, 0 (0%) are recommending NDSN as a Sell, and 0 (0%) are recommending NDSN as a Strong Sell.

If you're new to stock investing, here's how to buy Nordson stock.

What is NDSN's earnings growth forecast for 2023-2024?

(NASDAQ: NDSN) Nordson's forecast annual earnings growth rate of 14.48% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 10.46%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.19%.

Nordson's earnings in 2022 is $482,314,000.On average, 6 Wall Street analysts forecast NDSN's earnings for 2023 to be $568,102,211, with the lowest NDSN earnings forecast at $543,501,612, and the highest NDSN earnings forecast at $610,438,126.

In 2024, NDSN is forecast to generate $625,312,907 in earnings, with the lowest earnings forecast at $603,572,843 and the highest earnings forecast at $658,495,111.

What is NDSN's revenue growth forecast for 2023-2024?

(NASDAQ: NDSN) Nordson's forecast annual revenue growth rate of 6.31% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 3.49%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.43%.

Nordson's revenue in 2022 is $2,505,944,000.On average, 5 Wall Street analysts forecast NDSN's revenue for 2023 to be $152,315,411,392, with the lowest NDSN revenue forecast at $147,489,174,288, and the highest NDSN revenue forecast at $158,645,260,008.

In 2024, NDSN is forecast to generate $162,026,583,774 in revenue, with the lowest revenue forecast at $159,692,730,641 and the highest revenue forecast at $166,654,757,448.

What is NDSN's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: NDSN) forecast ROA is 16.35%, which is higher than the forecast US Specialty Industrial Machinery industry average of 10.78%.

What is NDSN's Price Target?

According to 4 Wall Street analysts that have issued a 1 year NDSN price target, the average NDSN price target is $265.25, with the highest NDSN stock price forecast at $271.00 and the lowest NDSN stock price forecast at $250.00.

On average, Wall Street analysts predict that Nordson's share price could reach $265.25 by Oct 24, 2023. The average Nordson stock price prediction forecasts a potential upside of 13.55% from the current NDSN share price of $233.59.

What is NDSN's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: NDSN) Nordson's current Earnings Per Share (EPS) is $8.34. On average, analysts forecast that NDSN's EPS will be $9.93 for 2023, with the lowest EPS forecast at $9.50, and the highest EPS forecast at $10.67. In 2024, NDSN's EPS is forecast to hit $10.93 (min: $10.55, max: $11.51).

What is NDSN's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: NDSN) forecast ROE is 28.44%, which is considered strong.
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